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West Fraser Credit Facility and Term Loan Renewals Increase Liquidity

1. WFG renewed a $1 billion credit facility, maturing May 2030. 2. The credit facility is undrawn and maintains similar terms as before. 3. Increased term loan from $200 million to $300 million, maturing May 2028. 4. WFG has over $1.4 billion in liquidity post-first quarter of 2025. 5. The company's financial flexibility is significantly strengthened by these measures.

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FAQ

Why Bullish?

The renewed credit facility enhances financial stability. Historical examples show improved stock performance post similar renewals.

How important is it?

The substantial liquidity and financial flexibility directly improves investor confidence, making it a significant news item.

Why Short Term?

Liquidity improvements typically lead to immediate market confidence. Previous announcements of similar nature often resulted in quick price gains.

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OSBLPXRYAM
, /PRNewswire/ - Today, West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX andNYSE: WFG) announced it has entered into a syndicated credit agreement providing for the renewal of its $1 billion credit facility and extension of the facility's maturity from July 2028 to May 2030. The renewed credit facility is undrawn and is made available on substantially the same terms and conditions as the Company's existing credit facility. Additionally, the Company has increased and extended its existing $200 million term loan maturing July 2025. The new term loan is for $300 million and matures May 2028.   "We exited the first quarter of 2025 with more than $1.4 billion of available liquidity, and with this renewed credit facility and expanded term loan we have further strengthened West Fraser's near-term liquidity and financial flexibility," said Sean McLaren, President and CEO, West Fraser. About West Fraser  West Fraser is a diversified wood products company with more than 50 facilities in Canada, the United States, the United Kingdom, and Europe, which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers and tissue. For more information about West Fraser, visit www.westfraser.com.  For More InformationMedia ContactJoyce WagenaarDirector, CommunicationsTel. (604) 817-5539[email protected] Investor ContactRobert B. Winslow, CFADirector, Investor Relations & Corporate DevelopmentTel. (416) 777-4426[email protected] SOURCE West Fraser Timber Co. Ltd. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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